Howard Schultz faced a full-court press of troubles as 2006 began. That the Seattle SuperSonics were lousy, having their worst season in 20 years, was only the beginning.

Though the Sonics were a storied NBA franchise, with a league championship in 1979, attendance was down at their Seattle arena along with points scored and revenues earned. As the team’s lead owner, Schultz was facing unrest from fans and partners alike. At the same time, Starbucks, the coffee company he had built into a global giant, was about to hit a bad patch, too, as the first ripples of the Great Recession began to rise into a flood tide.

You don’t have to be a basketball fan to know which problem Schultz was able to fix.

Global Espresso Machines Market Report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, Espresso Machines market Report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The worldwide market for Espresso Machines is expected to grow at a CAGR of roughly 6.5% over the next five years, will reach 3710 million US$ in 2024, from 2550 million US$ in 2019, according to a new Research Report.

“Espresso machine or Espresso coffee machine is a segment market of the global coffee machine market; this report will cover all product types.”.

The Week Portfolio talks to the Michelin-starred chef about his new high-end cafe in London

The Michelin-starred coffee at Alain Ducasse’s new London cafe may be “nose-bleedingly expensive” but it’s also “delicious, rich, pungent and captivating”, according to one recent review. A “damn fine brew,” The Guardian’s Grace Dent concluded.

And at £15 a cup it ought to have been. Of course, Dent chose the most expensive coffee on the menu, but connoisseursare clearly willing to splash out for an excellent brew.

Global Espresso Coffee Market Report 2019-2024 offers a comprehensive analysis on Espresso Coffee industries, delivering detailed market data and penetrating insights. The report provides analysis which is beneficial for industry insider, potential entrant and investor. The Espresso Coffee report will the thorough study of the key business players to grasp their business methods, annual revenue, company profile and their contribution to the world Espresso Coffee market share. The report covers a huge area of information including an overview, comprehensive analysis, definitions and classifications, applications, and expert opinions.

Espresso coffee is coffee brewed by forcing a small amount of nearly boiling water under pressure through finely ground coffee beans. Espresso is generally thicker than coffee brewed by other methods.

However, at Calvin Fletcher’s Coffee Company the tips don’t go to the workers. They instead go to nonprofit groups.

“We want a place for the community. One of the ways we could do that is support non-for-profits that are in the area,” said Doug Litsey with Calvin Fletcher’s Coffee Company. “We try to pay our employees well, so they don’t care as much.”

London speciality coffee shop Curators Coffee Gallery has closed after five years on Margaret Street, in Fitzrovia. An announcement posted on Instagram today after an unexpected weekend closure said:

Dear Customers and Friends, It is with extremely heavy hearts that we announce that Curators Coffee Gallery will be closing its doors for the final time this Friday 22nd March at 4.30pm.

We’ve made a lot of coffee here over the past five years (we expected that) but we didn’t expect to make so many wonderful friends. Curators Gallery has been our home, but it’s also been a home to our regulars, to serious business meetings, to reunions with friends, to baby-dates, to hard-working freelancers, and to the odd late night gathering too. We’re going to miss you all.

A number of factors have contributed to our decision, not the least the tough UK retail environment, but needless to say, it’s been a difficult decision to make.

Tia Maria is set to relaunch its Coffee Cocktail Month initiatives following its international success from last year.

The activations will commence from 1 April as it aims to drive further awareness of its coffee cocktail serves.

In 2018, Tia Maria worked with several licensees including The G1 Group, Scotland’s largest hospitality group, which ran the activity in 15 of its outlets. During this time, the company saw a +330% increase in volume sales vs April 2017.

John Lazarou, the son of Greek immigrants, worked long and hard to realize his dream in Australia. His efforts and persistence paid off handsomely, and he has even been dubbed the “King of Coffee in Australia” as director of “The Coffee Club” international chain.

John’s parents and three of his older siblings left Rhodes and migrated to Australia in 1958. He and two later siblings were born in Brisbane. Young Lazarou was restless and started working at the tender age of 11.

He left school to start an apprenticeship at a hair salon at the age of fifteen. He opened his own hair salon at seventeen, while still an apprentice. Amazingly, he soon became the boss of the senior hairdresser to whom he was apprenticed.

Cold brew coffee infused with alcohol is here. A New York City start-up is disrupting this caffeinated category with a unique, yet healthy jolt for hotels.

Bomani was created by co-founders Sam Madani, Kai Drewry, and Amin Anjedani, who are known by their friends and family as the “Bomani Brothers,” with a goal to provide a new beverage option that intentionally avoids high-calorie, high-sugar, dairy-filled and synthetic ingredients.

“We got this idea around the beginning of last summer,” said Madani. “I was working in investment banking and so was Amin. Working these high-intensity jobs, we tried to stay active and fit. At the end of the week, we didn’t want to sacrifice our social lives. We saw people in our social group mixing synthetic energy drinks and ordering espresso martinis—they’re pretty bad for you, and it doesn’t feel good on the stomach. Convenience is also a huge issue. The three of us sat down and decided consumers deserve a better product that is healthier, tastier and more convenient.”